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Technical analysis by CryptoHyve_ about Symbol XRP: Sell recommendation (3/18/2025)

https://sahmeto.com/message/3357783
CryptoHyve_
CryptoHyve_
Rank: 1630
2.5
Sell،Technical،CryptoHyve_

XRP is creating LHs and looks to be heading for a final dip to the long-term upward trendline (purple) which would make this correction complete. The ideal scenario is that XRP will complete this correction and with bullish momentum will reach a new ATH within the next 2 months, however, let's see how XRP reacts to this critical support first!Trade invalidated due to news about SEC dropping the RIPPLE case!XRP ended up reacting to the news but quickly returned to the trade as planned - reached the critical uptrend line and support. Will provide a new trade idea once we get a reaction in this area.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$2.29
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